The solution for credit insurance

Functional benefits

• Easy switch from outdated legacy systems
• Digital access for customers and brokers in a web portal
• Fully automated credit limit decisions
• Risk and policy underwriting in one system
• Smart management reporting dashboards

• Change of workflows without programming
  
• Workflow management with automatically generated KPIs
• Regulatory and compliance reporting
• Group reporting intergration

Partner management

• Structured mapping of all partners involved (insurance customer, co-insured parties, broker, risk …)
• Administration in partner files which, for all partner roles, provide a dedicated view of the business relationship
• Modeling of structures such as groups and joint ventures
• Ensuring master data quality through clear identification and integration of external service providers
• Interfaces to connect existing partner management systems

Workflow management

• Representation of your processes and work instructions in the system
• Ensuring the complete and comprehensive performance of processes
• Transparency and comprehensibility of processes
• Increase in efficiency and quality through standardization
• Provision of KPIs (e.g. throughput speeds, progress of processes) as a basis for optimization

Risk management

• Identification of partners/risks
• Creditworthiness check and limit allocation
• External information sources
• Compilation and evaluation of financial reports
• Limit management and automated limit allocation (aggregation of limit and exposure according to company group structures)
• Compliance and KYC (Financial Services Act notifications, AnaCredit, money-laundering, Anti-terror lists, embargo lists etc.)

Policy administration

• Comprehensive documentation and administration of policies (classic, top-up, XoL, single risk)
• Approval processes (e.g. 4 eyes principle)Creation of policy documents using templates
• Invoicing of premiums and fees (including accounting of commissions for brokers and other participants) as well as the creation of the relevant documents
• Process control using workflow management (event and time-controlled trigger)

Portal

• Dedicated access for insurance customers and brokers – more turnover, more transparency and more customer satisfaction
• Support for your digitalization strategy – enabling digital end-to-end processes
• The most modern web technologies for the best customer experience

Reporting

• Standard reports
• Report editor
• Scheduler